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Elk River Minnesota Real Estate By Jennifer Hershey

Elk River Minnesota Real Estate

Elk River, Minnesota, is located in Sherburne County, 15 miles NW of Maple Grove, Minnesota and 319 miles NW of Milwaukee, Wisconsin. Elk River has a population of 16,447.

Elk River Homes

Elk River properties pool is 5,664 residential properties including Elk River new homes. Median age of real estate in Elk River is 1986. Average Household size is 3.24 people. 2% are one bedroom homes, 18% are 2 bedroom homes, 45% are 3 bedroom homes, 29% are 4 bedroom homes, and 7% are 5+ bedroom homes.

Elk River Mortgage Statistics

Elk River mortgages vs. USA median statistics

Homes Elk River USA
Homes With No Mortgage 13%
30%
Homes With Mortgage 87%
70%
First Mortgage Only 60%
54%
First & Second Mortgage or HELOC 26%
16%

Elk River Area Real Estate Tax

Elk River Real estate Tax: Median Real Estate Taxes (2000) were $1,434 comparing to 1999 Median Family income $ 65,471. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Elk River School District: Children make up 31.3% of Elk River population. Elk River has 5,146 under 18 years old residents, or 0.59 kids per one worker, or 0.91 kids per one household.

Elk River Real Estate & Elk River Homeownership

There are 962.88 or 17% one person households, 1812.48 or 32% two person households, and 1019.52 or 18% three person households in Elk River, Minnesota. Median residents age is 32, Senior citizens (65+) make up 1,316 or 8%% of Elk River population.

There are 8,737 workers (over 16 years of age) in Elk River. Of these, 93.7% drive to work. Approximately 0.3% of workers in Elk River take public transportation. An estimated 1.75% walk to work.

Median Elk River homeowner's housing expences are 20%

Crime in Elk River (2003), crimes per 10,000 residents per year

Type of Crime Elk River USA, 2003
Violent Crimes
9.73
47.5
Robberies
0.61
14.2
Aggravated Assaults
6.08
29.5
Property Crimes
386.7
358.8
Burglaries
53.51
74.0
Larceny-Thefts
319.82
241.5
Motor Vehicle Thefts
13.38
43.3

Invest in Elk River Properties

When making a decision about buying real estate in Elk River Minnesota area, you should consider following statistical data:

Category Elk River USA
Near Medium City
Maple Grove, Minnesota
-
Near Large City
Milwaukee, Wisconsin
-
Elk River Zip Codes
55330
-
Elk River Area Codes
763
-
White population
97.18%
75.1%
African-American population
0.44%
12.3%
Asian
0.49%
3.6%
American Indian & Alaskan
0.37%
0.9%
Hispanic (of any race)
1.33%
12.5%
Median Family Income (1999)
$ 65,471%
$42,000
Population Below Poverty Level
3.13%
12.4%

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